There Are Not Going To Be Institutional Investors without Multi-Signature per TRON CEO

TRON ranks next to Stellar Lumens. At press time TRON was ranging at $0.023993.

The Ministry of Industry in China
have shown their preference for Scalability focused blockchain projects. “TRON is the most ambitious in the DApp
field, with a $2 billion Project Genesis launched in the second half of the
year. In addition, it spends $100 million on TronArcade to promote its DApp
ecosystem.”

The transaction volume of TRON
has increased to 130,000 transactions in a day to nearly 1.7 million
transactions. This is a 10 fold increase
in the transaction.

The structure of the TRON
Blockchain network, known as the Super Representatives, make it possible for
networks to maintain a large transaction.
The DPOS (Delegated Proof of Stakes) is the consensus mechanism of TRON.

High transaction capacity within
a short period time is the most desirable feature in TRON. If there needs to be scalability a certain
degree of compromise in the decentralization is unavoidable. The low level of decentralization is
something that TRON is frequently criticized for.

Justin Sun, the CEO of TRON
stated that the bottom is already reached and that the bear market is over. When talking about Bitcoin, Justin Sun,
opined that Bitcoin would trade in the $3000 through $5000 range. A market
breakthrough according to Justin Sun might happen with a breakthrough in the
DApp Ecosystem.

While attending to an ask me
anything session Justin Sun was talking about BitTorrent Token and its
adoption, he stated, “We expect over 100 million active users will get to know
about cryptocurrency and the first one they will experience will be BTT. For
reference, Bitcoin has only 10 million.”

He also spoke about how
multi-signature was important for high net worth individual and about how
institutional investors had their standardized approach to keep cryptocurrency
assets, which were managed by multiple parties with multi-layer procedures.
There are not going to be institutional investors without multi-signature.

TRON is also very firm about
their goals concerning the South Korean gaming market.

When talking about plans Sun
stated, “We are currently working on a new live/social media app and
looking for ways to integrate BTT on it! By doing that we aim to empower a new
generation of content creators to distribute their content without the
middleman and offer a very official channel for the fans to connect with their
idols and the content creators with their audience,” he further stated,
“We will be giving more details very soon.”